00:00It's Benzinga bringing Wall Street to Main Street.
00:02A New Mexico trial starting Monday could lead a judge to order changes to Facebook,
00:07Instagram, and WhatsApp, which Meta said may force it to withdraw from the state,
00:12according to Reuters. The case follows a lawsuit by Attorney General Raul Torres
00:17accusing the company of designing addictive products for young users
00:21and failing to protect children from sexual exploitation. A jury in March found Meta
00:27violated consumer protection law and ordered $375 million in damages.
00:33The judge will now consider whether the platforms constitute a public nuisance,
00:38which could allow broader remedies. The state is expected to seek billions more in damages
00:43and platform changes, including age verification and limits on autoplay and infinite scrolling.
00:48For all things money, visit Benzinga.com.
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